Bank of Zambia raises Monetary Policy Rate to 9.25%
• The decision was underpinned by the projection that inflation will increase and remain above the target range.• Inflation continued to decline in the fourth
Tag : Monetary Policy Committee
BoZ maintains policy rate at 8.5%
• The MPC decided to maintain the Monetary Policy Rate at 8.50 percent. • Inflation is projected to decelerate faster than envisaged in May 2021.
MPC rate adjusted upwards by 50 basis points
• Monetary Policy Committee (MPC) has adjusted upwards the Monetary Policy Rate by 50 basis points to 8.50 percent. • The decision was arrived at
MPR expected to be adjusted upwards
• Economist anticipates an upward revision of the Monetary Policy Rate. • Decision will be based on two factors. • Tightening of the policy rate